Seafarer Retention Rates Rise in 2024 Amid Salary Increases and Recruitment Challenges
Seafarer retention rates have improved, with 90% of shipping companies raising crew salaries in 2024, according to Danica Crewing Specialists. While concerns remain about a shortage of skilled seafarers, salary hikes have helped reduce turnover. However, challenges persist in recruiting experienced professionals, leading companies to diversify their recruitment strategies.